The contract signing is a further step forward in developing SALNG’s project, which includes an LNG plant capable of producing up to 16 million tonnes per annum of LNG, involving phased construction of up to four LNG trains.
The project will utilise gas resources supplied from coal seam gas (CSG) tenements in the Surat and Bowen basins in South East and Central Queensland.
A pipeline will bring gas from the coal seam tenements to the Curtis Island LNG plant where it will be processed and exported to international markets.
Roger Bounds, Shell’s Vice President New Business Development for Asia Pacific, who signed the contract, said Shell is one of the companies leading the field, globally, in the development of relatively new types of oil and gas resources - such as CSG.
“This agreement is a logical and timely progression of our interest in the CSG to LNG industry in Queensland.”
“Shell sees Queensland and Australia as a good place to invest and do business and looks forward to working with the Gladstone Community, Gladstone Ports Corporation and the Queensland Government as the project progresses.”
Shell has an unrivalled global position in integrated natural gas amongst private energy companies, holding the largest equity share of LNG capacity among international oil companies and a leading position in the world’s key natural gas markets.
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Media inquiries: Phil Connole 0417 063 605 phil.connole@shell.com
